Latest Economic Trends and News in Ohio

Latest Economic Trends and News in Ohio
Category: Economy
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4 days ago

Economic News for Central Ohio: October 2025 Snapshot

Central Ohio Economic News

Columbus to Require Salary Transparency in Job Postings A new ordinance is set to shake up the local job market as Columbus prepares to enforce mandatory salary disclosure in job postings. Following the lead of other major cities, the new rule requires employers to provide "reasonable" salary ranges in all help-wanted ads to promote pay equity. Business groups are currently reviewing the compliance guidelines, which define "posting" broadly to include digital and hard-copy solicitations. The move is expected to increase competition for talent in the region’s tightening labor market.

Lightpath Expands AI-Grade Fiber Network in Columbus Connectivity provider Lightpath announced a major expansion of its all-fiber network in the Greater Columbus area today. The project aims to build an "AI-grade" infrastructure capable of supporting the massive data needs of the region’s growing tech sector. With Columbus cementing its status as a data center hub for the Midwest, this infrastructure investment is critical for supporting hyperscale customers and large enterprises. Construction is already underway, with full completion expected by 2027.

Investors Bullish on Columbus Commercial Real Estate for 2025 Despite national headwinds in the office sector, a new market analysis by Douglas & Associates Realty identifies Columbus Commercial Real Estate (CRE) as a top target for investors in late 2025. The report cites the region’s role as a logistics hub—with 60% of the U.S. population within a one-day drive—as a key driver for industrial leasing. Additionally, retail in suburban areas like Grove City and Easton is outperforming national trends, drawing attention from investors looking for stable, yield-generating assets in the Midwest.

Tariffs Hit Ohio Manufacturers Hard Local economic data released by the Ohio Democrats highlights the growing strain on Central Ohio manufacturers due to recent tariff policies. The report indicates that one-third of Ohio manufacturers are seeing sales impacted by tariffs, with rising raw material costs hindering growth for 40% of surveyed businesses. Industries ranging from coffee roasters to industrial parts makers are reportedly passing these costs onto consumers. The "affordability crisis" is becoming a central theme in local economic discourse as businesses grapple with political uncertainty and supply chain costs.

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